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Global Times: 'First strengthen yourself, then compete': firms in China's Yiwu focus on boosting competitiveness amid US tariffs

  • Many businesses in Yiwu remain calm and confident despite the US tariffs affecting trade, emphasizing their competitiveness as key to navigating challenges.
  • In the first quarter of 2025, China's manufacturing sales revenue grew by 4.8 percent year-on-year, supporting Yiwu's trade resilience.
  • The Yiwu government provides financial assistance for companies to explore new international markets, ensuring stability amid tariff impacts.
  • Businesses are diversifying their markets to mitigate the impact of US tariffs, finding new opportunities in Africa and the Middle East.
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Global Times: 'First strengthen yourself, then compete': firms in China's Yiwu focus on boosting competitiveness amid US tariffs

BEIJING, April 26, 2025 /PRNewswire/ -- Inside a shop at the Yiwu International Trade City in East China's Zhejiang Province, visitors are greeted by a colorful array of household items such as water bottles and storage boxes in various sizes.…

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大纪元 Epoch Times broke the news in on Saturday, April 26, 2025.
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